All Posts Tagged Tag: ‘Financial’

Amazon Net Income Down 45% Year-Over-Year

Amazon announced its Q4 earnings today, which included a 22% increase in net sales, but a 45% decrease in net income, year-over-year for the quarter. The company’s numbers disappointed Wall Street analysts. CEO Jeff Bezos said, “We’re now seeing the transition we’ve been expecting. After 5 years, eBooks is a multi-billion dollar category for us and growing fast – up …

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Intel Is Getting Out Of The Motherboard Business

According to multiple reports, Intel is exiting its desktop motherboards business after about two decades of making them. According to PCWorld, who spoke with the company, Intel will pull out as soon as its next-generation Haswell CPU ships, and will dissolve the business over the course of the next three years. Forbes, who received an email from Intel, reports: It’s …

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IBM Earnings: IBM Posts $29.3 Billion In Revenue

IBM released its Q4 and full-year earnings report today, posting $29.3 billion in revenue (down 1%, flat adjusting for currency, up 1% excluding divested RSS business adjusting for currency) for the quarter, and $104.5 billion for the year (down 2%, flat adjusting for currency). For the quarter, the company posted diluted earnings of $5.13 per share, up 11%. For the …

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Google Earnings: Google Posts 36% Revenue Increase YoY

Google just released its earnings for the quarter and year ended December 31, beating analysts’ expectations. The company posted consolidated revenues of $14.42 billion for the quarter. Consolidated revenues would have been $15.24 billion had Motorola Home been included, the company says. Revenues were $12.91 billion, or 89% of consolidated revenues, in the fourth quarter, up 22% year-over-year. Google-owned sites …

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eBay Earnings: Revenue Up 18% In Q4, 21% For The Year

eBay just reported its earnings for Q4, with an 18% year-over-year increase in revenue, hitting $4 billion for the quarter. For the full year, eBay’s revenue increased 21% to $14.1 billion. CEO Joe Donahoe said, “We had a great finish to an excellent year, with fourth quarter results exceeding our expectations. eBay Marketplaces in particular had a terrific fourth quarter, …

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Amazon Record High Attributed To Morgan Stanley Comments

Amazon stock hit a record high on Monday, reaching as high as $269.30 at one point. Bloomberg attributes the spike to statements made by Morgan Stanely, who said the company’s network of distribution centers will help it gain marketshare as global ecommerce grows. Bloomberg quotes analyst Scott Devitt: Amazon is investing across the company to boost the volume of products …

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Apple’s “Insane” Sell-Off Over, Stock Back On The Rise [AAPL]

Apple shares jumped over 7% on Monday as an eight-week sell-off has ended. The Associated Press cites one analyst, Brian White from Topeka Capital, as calling the sell-off “insanely insane”. Shares reached their highest point when the iPhone 5 was launched. At that time, Apple had just announced that pre-orders had topped 2 million in the first 24 hours, which …

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Groupon Posts $3 Million Net Loss, Misses On Revenue

Groupon announced its third quarter results today, falling short of Wall Street forecasts. The results include consolidated revenue up 32% year-over-year at $568.6 million, which was still short of expectations. Operating income was $25.4 million, up from an operating loss of $0.2 million in the third quarter of 2011. The company posted a net loss of $3 million, which the …

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This Google Panda “Victim” Just Posted Record Revenue And Profitability

The Google Panda update, originally unleashed in early 2011, continues to take its toll on the Internet, for better or for worse (most would probably say better). While there are frequently rumors about new updates or refreshes to Panda, the last one that we’ve had official confirmation on was only last month (Update: Speak of the devil. Google just confirmed …

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AOL Posts Best Revenue Growth In Seven Years (YoY)

AOL released its Q3 earnings report this morning. The company reported 7% global advertising revenue growth, its best year-over-year revenue performance in over seven years. Furthermore, the company reported 8% search and contextual revenue growth, representing the first growth quarter in over three years. Subscription revenue trends saw their lowest rate of decline in over six years. Total revenue was …

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Google Reportedly Facing $1.3 Billion Tax Bill In France

In addition to publisher-related issues Google is facing in France, it is also having some tax related issues. Tax related issues that could amount to about $1.3 billion. Direction générale des finances (essentially the French IRS) may order Google France to pay as much related to “noncompliance” last year. TechCrunch reports: The French weekly Le Canard enchaîné (which has an …

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Apple Stock Is A Lot Lower Than It Was Last Month [AAPL]

It wasn’t all that long ago that we were reporting that Apple stock had hit an all-time high. When the company launched the iPhone 5, shares skyrocketed, sending them over $700. Now, shares are a bit closer to Earth at $591.42 (-12.58‎, -2.08%‎) as of the time of this writing. Trading was halted temporarily thanks to Hurricane Sandy, but the …

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